Pages

Thursday, 4 September 2014

GOLD AND SILVER TREND & INTRADAY LEVELS || BASE METAL NEWS

MCX Bullion Trend update Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. The Gold is now trading in overbought level. Silver also bearish for medium-long term. Currently Silver is in storng downtrend with good momentum. Base metal sector is green zone copper , zinc ,aluminium ,led.

Today gold open at 27406 and creat high 27424 and creat low 27401 and Silver open down trade 42016 high 42047 and low 41980.

Today Gold level-:

Intraday Resistance of GOLD are 27594.7 : 27705.7
 Intraday Support of GOLD are 27417.3 : 27390

Today Silver level-:

Intraday Resistance of SILVER are 41819.2 : 42096.5 : 41791.1 : 41833.6 Intraday Support of SILVER are 41150.8 : 40873.5 : 41180 : 41137.8

 Free Gold call-:

 Sell Gold at 27420 target 27320/27210/27100 stop loss 27620

2 comments:

  1. Gold and silver sank to 12-week lows as the dollar strengthened before data that may back the case for the Federal Reserve to raise borrowing costs at a time when the European Central Bank boosts stimulus. Platinum dropped to the lowest level in more than four months.
    Commodity Intraday Tips

    ReplyDelete
  2. This blog defines nice information regarding stock market of India. Stock & Nifty is a good investment but these gives good returns after long time. Always select the good stocks for investment or get Stock Experts Advice for trading in stocks.
    stock Tips
    commodity tips
    nifty tips

    ReplyDelete